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Salient. Official Newspaper of Victoria University of Wellington Students Association. Volume 40, No. 5. 27 March 1977

Price Increase

Price Increase

For the last one month the prices of food items have soared:
Chicken from$1.80 a kati to $2.80
Pork (lean)$3.40 a kati to $4.00
Sausages$3.20 a kati to $4.00
Onion$0.70 a kati to $0.90
Chilli$1.30 a kati to $1.80
Fish30-40 cents increase

Village with boats next to water

This shows that inflation in Malaysia has not been controlled, and it affects in particular the lower income group.

Recently there was an acute shortage of kerosene in certain parts of the country. People literally have to queue to purchase kerosene.

An investigation on the shortage reveals that there are 3 factors: reduction in commission to dealers, oil companies requiring dealers to pay for transport costs between depots and shops and a 5% increase in kerosene consumption. Whatever extra expenses incurred will be pressed on to the consumers.

(Ref: NST 2.2.77)